This Carbon Based Life

By David Glenn Cox

 The Chairman of JP Morgan says the chances for a recession are now standing at 60%. Nonsense, he’s either just plain wrong or he’s trying not to incite a panic. The chances for a recession/depression stand at 100 %. Back around 2008, I took an extreme and immersive course on economics and homelessness. I had a business; I was self-employed and living the American dream. New house (not subprime) new car, 65 Mustang in the garage for Sundays. Then what happened yesterday, and Thursday happened. Like that, it was all over.

The phone stopped ringing immediately. I was an industrial parts guru. Parts for any obsolete industrial machinery. 1916 Fire truck or grandpa’s tractor, if it was out there somewhere, I knew somebody. But my customers were recreational and little guy contractors. When they stopped working, I stopped working. And compared with Thursday and Friday, 2008 was a tea party.

I dare you, try to get an estimate on the cost of a new house to break ground in June. Only a fool would give you a price today. Nobody knows what the world will look like in 90 days. This is the greatest intentional self-inflicted electro-shock treatment ever given to the world economy. You have to go all the way back to Joe Stalin starving the peasants in Ukraine to find anything this masterfully stupid. The Japanese Prime Minister called it a “national emergency.”

The price of a Mercedes Benz, a Toyota or a tomato just went up by 25%. But it will be fine. 60% chance of a recession. It’ll be fine!

We know from the King’s famous high functioning intellect that his Tariffs strategy has all been well thought out, and nothing has been left to chance. Each country accordingly taxed for tribute according to the King’s personal opinion and whims based on the thoughts locked away in his muddled cranium. So, if your government calls on the King and debases itself, maybe the King will relent in his economic brutality. Just the fact that nations will call and debase themselves underscores the seriousness of the day. For many third world countries, it is the difference between life and death.

NEVER! Not Hitler, not Stalin. Not Saddam and not Caligula or Nero ever did anything this incredibly dangerous to their economy. Damaging the entire world’s economy, clueless as kittens. The King’s reputation precedes him. The world was well aware the King was capable of crazy but now he’s gone off the reservation. Now, he’s really done it and there is no turning back! The only thing we can be sure of now is we can’t be sure of anything anymore. Your economy at work or not with the confidence of a Peter Pan wish.

Would you prefer the good news first or the bad news? Okay, but you asked for it. What does the King normally do when rebuked or challenged by reality, facts or so-called experts? Did you say double down on the issue? Hold his breath until he turns blue and stomp his feet? Yeah, that’s the bad news. Often when the King is told he’s wrong the King will attempt to make his point by driving a square peg into a round hole doubling down.

But the good news! The King will be impeached and convicted by the Senate in a near unanimous verdict after the off-year elections. The Administration took office and immediately began to stumble and bumble. Offending everyone, left, right and center. Asked how it’s going the King answers, “it’s going well!” Do you agree? Is it going well?

During Thursday or Friday’s melt down. The King could have held a news conference to reassure nervous investors. But the golf course was calling. The King is hosting an ass kissing event at his Bedminister golf and menacing club. The Crooked Saudis and the PGA are putting up the money for a nothing golf event this weekend. Designed to showcase their love of the King’s backside and their earnest desire to please the King.

The King with his crack team of cracked pots have now painted themselves deeply into a corner with their tariffs and now have no way out. They must either back down quietly which they won’t (can’t) do. Or they must move full speed ahead right up until the impeachment vote begins.

Now let’s be clear about this. If the King were just screwing the little people like you and me to the wall, it could be excused. But when you knock 10% off of the S&P 500 in two days. “Lucy, you got some splainin to do!” Rich people have their money in stocks! You’re hurting rich people! Stop it! Stop it now! Stop it right now! Maybe the King can and then again, maybe he can’t.

All of a sudden, the worms and proselytites are coming to the surface. Senate worm Ted Cruz says, “It’s true! I love Donald Trump more than I should and support him 100%. But what the fuck are you doing? Stop it! Stop it now! Stop it right now!” Billions in business projects are being cancelled. Production schedules cut back on the cars no one can afford to buy anymore. Billions of dollars removed from the civilian economy. But it’ll be fine! 60% They have no idea what they are doing and no plan B to try and fix it.

“In the field of world policy, I would dedicate this Nation to the policy of the good neighbor–the neighbor who resolutely respects himself and, because he does so, respects the rights of others– the neighbor who respects his obligations and respects the sanctity of his agreements in and with a world of neighbors.” – Franklin Roosevelt